Price has not been able to close below the 20ema since early April. It has tested it 4 times; today is the 4th test.

Taking into account the measured move from the past times we tested the 20ema, it should take around 7 trading days to get to the sell-target.

Happy & successful trading,
dorfmaester


20ema-pullbackARKWChart PatternsETFTechnical IndicatorsinternetROKUSQTrend AnalysisTesla Motors (TSLA)

Disclaimer